LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Small-Cap ETF
IJR
|
+$570M |
| 2 |
SCHR
Schwab Intermediately-Term US Treasury ETF
SCHR
|
+$501M |
| 3 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$240M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$239M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$236M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$392M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$284M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$266M |
| 4 |
iShares S&P Small-Cap 600 Value ETF
IJS
|
+$130M |
| 5 |
State Street DoubleLine Total Return Tactical ETF
TOTL
|
+$115M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.54% |
| 2 | Healthcare | 3.12% |
| 3 | Financials | 3.03% |
| 4 | Consumer Discretionary | 2.7% |
| 5 | Industrials | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2801
iShares MSCI Pacific ex Japan ETF
EPP
$2.22B
| $721K | ﹤0.01% |
19,204
-667
| -3% | -$27.8K |
|
2802
Nuveen Select Tax-Free Income Portfolio
NXP
$892M
| $721K | ﹤0.01% |
55,265
-1,771
| -3% | -$24.7K |
|
2803
Ericsson
ERIC
$33.1B
| $719K | ﹤0.01% |
125,241
-972
| -0.8% | -$6.97K |
|
2804
NMI Holdings
NMIH
$3.35B
| $718K | ﹤0.01% |
35,225
+2,108
| +6% | +$41.9K |
|
2805
PubMatic
PUBM
$602M
| $718K | ﹤0.01% |
43,202
+3,720
| +9% | +$67.2K |
|
2806
Invesco CurrencyShares Swiss Franc Trust
FXF
$397M
| $717K | ﹤0.01% |
7,921
-3,504
| -31% | -$324K |
|
|
TSE
2807
DELISTED
Trinseo
TSE
| $716K | ﹤0.01% |
39,090
-3,692
| -9% | -$116K |
|
|
NUO
2808
DELISTED
Nuveen Ohio Quality Municipal Income Fund
NUO
| $715K | ﹤0.01% |
60,829
+23,554
| +63% | +$301K |
|
2809
Grocery Outlet
GO
$964M
| $714K | ﹤0.01% |
21,445
+9,656
| +82% | +$393K |
|
2810
Rayonier
RYN
$6.48B
| $714K | ﹤0.01% |
26,258
-1,561
| -6% | -$50.4K |
|
|
NUVA
2811
DELISTED
NuVasive, Inc.
NUVA
| $714K | ﹤0.01% |
16,305
-1,555
| -9% | -$75.4K |
|
2812
Ecovyst
ECVT
$1.32B
| $713K | ﹤0.01% |
84,421
+13,508
| +19% | +$128K |
|
|
AMJ
2813
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $713K | ﹤0.01% |
35,557
-489
| -1% | -$10.2K |
|
|
ALEX
2814
DELISTED
Alexander & Baldwin
ALEX
| $712K | ﹤0.01% |
42,921
+4,132
| +11% | +$76K |
|
2815
Helios Technologies
HLIO
$2.65B
| $712K | ﹤0.01% |
14,067
+831
| +6% | +$50.2K |
|
2816
Beam Therapeutics
BEAM
$2.67B
| $710K | ﹤0.01% |
14,900
-6,513
| -30% | -$372K |
|
2817
NVR
NVR
$16.6B
| $710K | ﹤0.01% |
178
+33
| +23% | +$141K |
|
|
UCTT
2818
Ultra Clean Holdings
UCTT
$4B
| $708K | ﹤0.01% |
27,489
-582
| -2% | -$17.8K |
|
2819
First Citizens BancShares
FCNCA
$25.3B
| $707K | ﹤0.01% |
887
+87
| +11% | +$68K |
|
|
JHMC
2820
DELISTED
John Hancock Multifactor Consumer Discretionary ETF
JHMC
| $707K | ﹤0.01% |
18,423
-2,116
| -10% | -$89.3K |
|
2821
Installed Building Products
IBP
$6.15B
| $706K | ﹤0.01% |
8,719
-59
| -0.7% | -$5.46K |
|
2822
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$39.9B
| $706K | ﹤0.01% |
+16,954
| New | +$794K |
|
|
ENV
2823
DELISTED
ENVESTNET, INC.
ENV
| $705K | ﹤0.01% |
15,887
+226
| +1% | +$12.1K |
|
2824
Coupang
CPNG
$29.5B
| $704K | ﹤0.01% |
42,249
-3,352
| -7% | -$57.9K |
|
2825
IQ Candriam International Equity ETF
IQSI
$269M
| $703K | ﹤0.01% |
33,371
+211
| +0.6% | +$4.98K |
|
Similar funds
LPL Financial's Q3 2022 Portfolio in Review
As of Q3 2022, LPL Financial held 4,600 positions worth $104B, down 1.5% from $105B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $4.57B of net new capital in Q3 2022, opening 186 new positions and adding to 2,380 existing holdings. Its largest new stake was CCM Affordable Housing MBS ETF: 315,165 shares worth $5.32M.
By sector, the portfolio is most concentrated in Technology at 5.5% of assets, down from 5.7% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street Blackstone Senior Loan ETF, an estimated $392M trimmed.
- LPL Financial's largest Q3 2022 buy was CCM Affordable Housing MBS ETF: 315,165 shares worth $5.32M.
- LPL Financial added most to iShares Core S&P Small-Cap ETF in Q3 2022, an estimated $570M increase.
- LPL Financial's biggest Q3 2022 reduction was State Street Blackstone Senior Loan ETF, cutting an estimated $392M.
- LPL Financial fully exited Global X MSCI China Consumer Staples ETF in Q3 2022, selling an estimated $8.9M.
- LPL Financial's ten largest holdings make up 18% of its $104B portfolio in Q3 2022.
- LPL Financial opened 186 new positions and closed 183 in Q3 2022.
- LPL Financial's portfolio value fell 1.5% quarter-over-quarter to $104B.
Based on LPL Financial's 13F filing for Q3 2022, filed 14 Nov 2022.